+
Mastek Reports 12.5% Y-o-Y Revenue Growth in Q1FY26
ECONOMY & POLICY

Mastek Reports 12.5% Y-o-Y Revenue Growth in Q1FY26

Mastek, a trusted provider of AI-first digital engineering and cloud transformation services, reported consolidated revenue of Rs 9.14 billion for the first quarter of FY26, registering a year-on-year (Y-o-Y) growth of 12.5 per cent in rupee terms for the period ended 30 June 2025.

The company’s performance was driven by strong growth in the UK and Europe, particularly across healthcare and secured government services. While the US business experienced some challenges in select accounts, Mastek noted that the pipeline and order backlog remain robust.

Operating EBITDA stood at 15.0 per cent, with a marginal decline of 31 basis points sequentially, attributed to continued investments in talent and capability development. On a Y-o-Y basis, Operating EBITDA grew 10.8 per cent. Profit After Tax (PAT) rose to Rs 920.1 million, marking a sequential growth of 13.5 per cent and an increase of 28.7 per cent Y-o-Y.

The company’s 12-month order backlog stood at Rs 19.35 billion, reflecting an 8.3 per cent Y-o-Y growth, supported by strong demand across Digital Engineering, Data, Automation, and AI. Oracle-led engagements in the healthcare and commercial sectors also continued to scale during the quarter.

Mastek also reported strong traction in its AI business, securing over 10 new deals across generative and agentic AI solutions that are delivering measurable productivity gains for clients. In addition, the company signed a strategic partnership with Open Ana to further strengthen its AI capabilities.

Umang Nahata, Chief Executive Officer, Mastek, said, “We are pleased to report another steady quarter, with revenue growth of 12.5 per cent Y-o-Y in rupee terms. Growth was led by strong performance in the UK and Europe, driven by momentum in healthcare and secured government services. The US business witnessed headwinds in some accounts, however pipeline and order backlog remain strong. While the external environment remains dynamic, our execution focus, combined with deep client relationships, positions us well to deliver sustainable and profitable growth in the coming quarters.”

Mastek, a trusted provider of AI-first digital engineering and cloud transformation services, reported consolidated revenue of Rs 9.14 billion for the first quarter of FY26, registering a year-on-year (Y-o-Y) growth of 12.5 per cent in rupee terms for the period ended 30 June 2025.The company’s performance was driven by strong growth in the UK and Europe, particularly across healthcare and secured government services. While the US business experienced some challenges in select accounts, Mastek noted that the pipeline and order backlog remain robust.Operating EBITDA stood at 15.0 per cent, with a marginal decline of 31 basis points sequentially, attributed to continued investments in talent and capability development. On a Y-o-Y basis, Operating EBITDA grew 10.8 per cent. Profit After Tax (PAT) rose to Rs 920.1 million, marking a sequential growth of 13.5 per cent and an increase of 28.7 per cent Y-o-Y.The company’s 12-month order backlog stood at Rs 19.35 billion, reflecting an 8.3 per cent Y-o-Y growth, supported by strong demand across Digital Engineering, Data, Automation, and AI. Oracle-led engagements in the healthcare and commercial sectors also continued to scale during the quarter.Mastek also reported strong traction in its AI business, securing over 10 new deals across generative and agentic AI solutions that are delivering measurable productivity gains for clients. In addition, the company signed a strategic partnership with Open Ana to further strengthen its AI capabilities.Umang Nahata, Chief Executive Officer, Mastek, said, “We are pleased to report another steady quarter, with revenue growth of 12.5 per cent Y-o-Y in rupee terms. Growth was led by strong performance in the UK and Europe, driven by momentum in healthcare and secured government services. The US business witnessed headwinds in some accounts, however pipeline and order backlog remain strong. While the external environment remains dynamic, our execution focus, combined with deep client relationships, positions us well to deliver sustainable and profitable growth in the coming quarters.”

Next Story
Infrastructure Transport

Minister Highlights Road Network Growth and Safety at Summit

Minister of State for Corporate Affairs and Road, Transport & Highways, Shri Harsh Malhotra, addressed the Road and Highways Summit in Delhi today.Under the visionary leadership of Prime Minister Shri Narendra Modi and guidance from Shri Nitin Gadkari, the Ministry of Road Transport and Highways (MoRTH) is committed to building world-class road and transport infrastructure that connects people, drives economic growth, and ensures safety and sustainability for all.Shri Malhotra stated that over the past 11 years, the Ministry has worked tirelessly to realise the Prime Minister’s vision—..

Next Story
Infrastructure Energy

Union Minister Visits IISc to Boost Green Hydrogen Innovation

Union Minister of New & Renewable Energy Shri Pralhad Joshi visited the prestigious Indian Institute of Science (IISc), Bangalore, today to witness an innovative experiment producing eco-friendly pure green hydrogen from agricultural waste. Addressing eminent professors, researchers, and industry leaders, the minister emphasised IISc’s vital role in shaping India’s clean energy future and highlighted key scientific challenges ahead.Shri Joshi expressed his pleasure at being at IISc, describing it as a source of “global respect and national pride”. He thanked IISc Director Professor..

Next Story
Infrastructure Urban

INS Nistar Commissioned, Boosting India’s Indigenous Naval Capabilities

INS Nistar, the first indigenously designed and constructed Diving Support Vessel, was commissioned into the Indian Navy in Visakhapatnam on 18 July 2025, in the presence of Defence Minister Shri Sanjay Seth. This vessel is the first of two Diving Support Vessels being built by Hindustan Shipyard Limited and is capable of undertaking complex deep-sea saturation diving and rescue operations—a specialised capability possessed by select navies worldwide.In his address, Shri Seth praised the Indian Navy and the domestic shipbuilding industry for their consistent efforts in enhancing indigenous c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?